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Showing 401 - 410 of 2142 results for "AUD"

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... deliver another 50bp, or even move 40bp to 2.75%. "Some observers argue that the RBA needs to follow the US Fed or else the AUD will fall further, boosting inflation," it said. "Although the AUD is down 11% against the USD year-to-date, it is up 2% on ...

George Lucas to depart Raiz Invest

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
Raiz managing director and joint group chief executive (international) George Lucas will leave the company effective from December 31. In an ASX announcement, the board acknowledged Lucas' work in establishing Raiz and for his leadership of the company ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Understanding and fixing regulatory uncertainty and licensee caution has been a subject discussed at length within the advice community in recent years, with AFCA saying it isn't surprised by the level of fear in the industry when it comes to ASIC. ...

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
Padua Solutions co-founder and co-chief executive Anne-Marie Esler explained to the audience at the Association of Financial Advisers' (AFA) Thrive Conference that there are four key challenges facing the financial services industry. There are four ...

Karen Phin retires from Magellan board

CHLOE WALKER  |  WEDNESDAY, 21 SEP 2022
The independent non-executive director has flagged her intention to retire from the Magellan board at the conclusion of the company's annual general meeting on October 20. A seasoned executive with over 25 years' experience in the financial ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... less energy, the cost to secure the network drops significantly. "Pre-merge, it costs about 13,000 Ethereum - equivalent to AUD $30 million - everyday to secure the network. Mining is very expensive, and miners will only mine if the job is profitable ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Mercer analysis of publicly available retirement income strategy summaries shows a great disparity between super funds' approaches. Under the requirements of the Retirement Income Covenant, trustees set out how they'll help members with their retirement ...

ASIC bans Sterling & Freeman director

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
ASIC has banned Wayne Christopher Saman, the sole director of Sterling & Freeman Advisory for a period of five years. Saman was banned because an ASIC surveillance found he was involved in Sterling & Freeman's contravention of financial laws. Sterling ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
The SMSF Association is urging Canberra to address legacy pensions and extend the temporary absence rule for non-residents in its first budget. In the Associations submissions, chief executive John Maroney highlighted several key measures that remain ...

Aware Super director wins Trustee of the Year

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
Aware Super board director Roslyn Ramwell has won AIST's 2022 Trustee of the Year Award. Ramwell joined the super fund's board in 2019 and is the chair of Aware Super's audit, risk and compliance committee and a member of its investment ...